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Cab Secy asks ministries not to interfere in CPSEs
Cabinet Secretary K M Chandrasekhar today did some plain-speaking, asking administrative ministries to allow Central Public Sector Enterprises (CPSEs) to function independently.

Low-cost deposits are back
Banks see funds flowing into current, savings accounts.

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PM concerned over challenge posed by extremists
Voicing concern over the challenge posed by proponents of extremist ideologies through intimidation and terror, Prime Minister Manmohan Singh today said steps need to be taken to tackle this "grave menace".
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Decision on 'Maharatna' CPSEs expected soon

The government is likely to take a decision soon on granting the "Maharatna" status to a few central public sector enterprises, which may include PSU heavyweights like ONGC, SAIL, BSNL, NTPC and CIL. The proposal to grant more autonomy to these firms has been sent by the Department of Public Enterprises for the Cabinet clearances, sources said. Besides financial autonomy, the "Navratna" CPSEs also enjoy other functional freedom in respect of recruitment, promotion, and service conditions employees.


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